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$3,540 (target)

1024 W Cleveland Ave, Spokane, WA 99205

3 beds • 2 baths • 1650 sqft

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This property might be a fair Mid-Term investment with a projected 5.71% first-year return on $83,919 initial cash invested.

5.71%

Cash On Cash

8.21%

Cap Rate

1.34

DSCR

$3,540

Rent

$399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,540 income − $3,141 expenses = $399 cash flow

Income$3,540Mortgage P&I$1,60645%Property Taxes$2216%Insurance$1103%Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$38911%Cash Flow$399

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,919

Downpayment

20%

$62,780

Closing costs

1%

$3,139

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,540

Total Expenses

$3,141

Mortgage P&I

45%

$1,606

Property Taxes

6%

$221

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$389

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